Bitcoin on Wednesday, Dec 30, hit a record $28,599.99, taking gains this year past 295 per cent amid heightened interest from bigger investors. The world’s most popular cryptocurrency was last up 3.7 per cent at $28,375. Since breaking $20,000 for the first time on December 16, it has surged by nearly half. Bitcoin has increasingly seen demand from larger US investors, in particular, attracted by its perceived inflation-hedging qualities and the potential for quick gains, as well as expectations it would become a mainstream payments method.
India
PADMA AWARDS 2016
NEW DELHI (TIP): Former Comptroller and Auditor General of India Vinod Rai, actor Rajinikanth, spiritual guru Sri Sri Ravishankar and tennis player Sania Mirza are on the list of 112 Padma awardees whose names were […]
Business & Economics
‘Inside India’ – Moody’s Investors Service report shows Disappointment over slow reforms
In its latest ‘Inside India’ report, Moody’s Investors Service said the consensus view on India’s economic growth prospects is relatively optimistic and in line with Moody’s baseline forecast of 7.5% expansion in current fiscal. The […]
World
60 people killed in militia attack at displaced persons’ camp in Congo
Beni, Democratic Republic of Congo (TIP): At least 60 people were killed in a militia attack on February 2 morning at a displaced persons’ camp in eastern Democratic Republic of Congo, the head of a […]
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